Gulnara's Group

Gulnara B. is the leader of the group, she is 22 and married. Her husband is a farmer. 4 years ago she used to raise money by selling foodstuff, and then she changed her business and began to sell glass-ware. Gulnara’s brother helps her run this business. Now they have managed to purchase a lot (size-four hundred parts). The loan's purpose is to buy more glass-ware for further resale. In the future she is planning to give birth to a child, to obtain a stall in the “Dordoi” market, and to support her parents materially.

Gulgaky J., 31 is married. Together with her spouse, who is a construction worker they bring up three children (the son, a schoolboy and 2 daughters). The family began their own business 3 years ago At first they have used to breed cattle, then they built a shop next to their house and started to sell foodstuff. During these years they have managed to purchase a pavilion. The loan purpose is to increase commodity circulation. In the future the family is planning to build a house, again to do farm animal husbandry, to obtain a car and a flat.

Aisha O., 51is married. Together with her husband, who is recovering his health after an operation, they have two children (a son and a daughter). The son supports his parents by working as a builder. Today Aisha keeps house, but she wants to start her own business by selling foodstuff. For this reason she needs a loan. In the future she is planning to buy a flat, to plant trees and to build a temporary construction.

Orolkan S. is the treasurer of the group. She is 42 and married to a man whose profession is a cattle-farm worker. The couple have five children, almost all of them are school pupils. Two years ago the clients had bought 3 farm animals, one of them was resold, then they bought 10 more livestock animals, 2 calves and had managed to earn 2000 soms. Today this business is making profit to the family. During this time they have purchased a temporary house. The loan purpose is to buy 3 livestock animals. In the future the family wants to obtain a bus, to build a big house, and give education to their children.

--- Where Did This Loan Come From? ---

This loan is brought to you by Mol Bulak Finance (MBF), a young, ambitious and socially-focused Microfinance Institution in Kyrgyzstan.
MBF is strongly committed to the principles of sustainable development and upholds the triple bottom line – People (building human capital and taking care of its customers as well as society), Planet (keeping environmentally friendly) and Profit (earning revenue to expand autonomously). MBF is the only Microfinance Institute in Kyrgyzstan that delivers its services to customers 365 days a year. To learn more about MBF and view a Video presentation about the organization, please visit: http://www.kiva.org/about/aboutPartner?id=135
If you would like to support and learn more about Kyrgyzstan and microfinance in Central Asia, please join our Lending Team - Supporters of Kyrgyzstan – Mol Bulak Finance at http://kiva.org/team/kyrgyzstan. Members will get special updates and news from Kiva Fellows in Kyrgyzstan and from the MBF staff.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.